You Have Been Caught in a Flash Flood and Have

question 28

Multiple Choice

You have been caught in a flash flood and have underestimated the depth of the water and the strength of the current. As you float downstream, you notice a partially submerged tree in the water. Which of the following approaches should you take?

• A) Avoid becoming entangled in the tree.
• B) Try to swim over to the tree.
• C) See if you can touch your feet on the ground to steady yourself.
• D) Push off the tree to reach the shore or stable ground.

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Definitions:

Operating Activities

Business activities related to the day-to-day functions of a company involved in producing and delivering its products or services.

Cash Dividends

Payments made by a company to its shareholders out of its profits or reserves.

Balance Sheet

A financial statement that provides a snapshot of a company's financial position at a specific time, detailing assets, liabilities, and equity.

Net Income

The amount of money that remains after all expenses, including taxes and costs of goods sold, have been subtracted from total revenue, indicating the profitability of a company.